SC 13G/A: Porch Group, Inc.
Ticker: PRCH · Form: SC 13G/A · Filed: 2024-02-14T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Porch Group, Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,032 words · 4 min read · ~3 pages · Grade level 8.4 · Accepted 2024-02-14 11:24:46
Filing Documents
- tm246171d5_sc13ga.htm (SC 13G/A) — 67KB
- 0001104659-24-023224.txt ( ) — 68KB
From the Filing
SC 13G/A 1 tm246171d5_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d –1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d–2. (Amendment No. 2)* Porch Group, Inc. (Name of Issuer) Common (Title of Class of Securities) 733245104 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 733245104 1. Names of Reporting Persons Portolan Capital Management, LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4 Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power 3,200,183 6. Shared Voting Power 7. Sole Dispositive Power 3,200,183 8. Shared Dispositive Power 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,200,183 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 3.24% 12. Type of Reporting Person (See Instructions) IA CUSIP No. 733245104 1. Names of Reporting Persons George McCabe 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4 Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power 3,200,183 6. Shared Voting Power 7. Sole Dispositive Power 3,200,183 8. Shared Dispositive Power 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,200,183 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 3.24% 12. Type of Reporting Person (See Instructions) IN 2 Item 1. (a) Name of Issuer Porch Group, Inc. (b) 411 1 st Avenue South, Suite 501 Seattle, Washington 98104 Item 2. (a) Name of Person Filing This statement is being filed with respect to the shares of common stock (“Common Stock”) of the Issuer beneficially owned (1) directly by Portolan Capital Management, LLC, a registered investment adviser, in its capacity as investment manager for various clients, and (2) indirectly by George McCabe, the Manager of Portolan Capital Management, LLC. Portolan Capital Management, LLC and Mr. McCabe are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons.” (b) Address of Principal Business Office or, if none, Residence Portolan Capital Management, LLC and George McCabe 2 International Place, FL 26, Boston, MA 02110 (c) Citizenship Portolan Capital Management, LLC – DE Mr. McCabe – USA (d) Title of Class of Securities Common (e) CUSIP Number 733245104 Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d-1(b)(1)(ii)(J). 3 Item 4. Ownership Provide the fo